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Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Compute the (1) direct materlals

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Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Compute the (1) direct materlals price varlance and (2) direct materlals quantity varlance. (Indicate the effect of each varlance by selecting favorable, unfavorable, or no varlance. Round "Cost per unit" answers to 2 decimal places.) AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrlce Required Information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Compute the (1) direct labor rate varlance and (2) direct labor efficlency varlance. (Indicate the effect of each varlance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate

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